aarnâ Unveils AI-Quant DeFi Product âfi 802 at IBW 2024

After making waves at Token2049 Singapore, aarnâ has introduced its AI-quant structured product, âfi 802, to the Indian market at India Blockchain Week (IBW) 2024. This marks a significant step for the brand in democratizing decentralized finance (DeFi) for Indian users, addressing long-standing challenges like speculative risk centralization and restricted access with a transparent, self-custodied solution. 

At IBW 2024, aarnâ unveiled âfi 802 to India’s thriving crypto community, positioning it as a transformative DeFi solution and showcased the technology that powers this AI-driven DeFi vault.  aarnâ also showcased how âfi 802 simplifies crypto investments while delivering transparency, security, and consistent performance.

Sri Misra, Founder & Chief Architect, aarnâ said, “We envision a future where every individual will have the power to shape their own financial journey. At IBW, we showcased more than just a technology product. We are sparking meaningful conversations, and building a bridge between crypto users and the right way to access crypto assets. Our mission is to break down barriers for people and help everyone grow their digital assets and financial future through AI and decentralized tokenization in a responsible, self-custodied way, transparent design - just like crypto was meant to be.     

Launched first at Token2049 Singapore to global acclaim, âfi 802 combines cutting-edge AI quant strategies with on-chain automation to simplify crypto investing, its core lies in the alpha 30/7 deep learning model, which analyzes over 90 features—including blockchain transactions, technical indicators, and market sentiment—to dynamically select and rebalance portfolios of top-performing crypto assets. 

Back tested to deliver outlier returns whilst managing downside risk in a volatile asset class like crypto, âfi 802 presents a completely new route for crypto investors to participate, as opposed to taking speculative punts on individual tokens on exchanges. Users can invest effortlessly by deploying stable coins like USDC, USDT, or DAI into âfi 802 through the aarnâ app, and let the AI deep learning model and smart contracts autonomously discover best tokens, and execute buy, sell, hold stables transactions directly via smart contracts, rebalancing the underlying portfolio weekly. Users retain full custody of their assets, and are liquid, i.e. they can redeem their total prevailing value in stable coins at any time. The app, available on both iOS and Android, replaces uncertainty with clarity, making advanced DeFi solutions accessible to all

Founded by Srikumar Misra, a serial entrepreneur, shaping the future of decentralized finance through the aarnâ protocol. He previously founded Milk Mantra, India’s first VC-funded agri-food startup, which redefined the consumer dairy sector with ethically sourced, premium products and ethical sourcing. Milk Mantra is one of the few elite set of consumer startups in India that are sustainably profitable. Sri is a believer in purpose capitalism, to solve large trust related problems, be it in food or finance. Beyond entrepreneurship, he has collaborated with India’s top government think tank, contributing to initiatives like a blockchain-based agri-stack presented to the Prime Minister. With a focus on transformative technologies, Sri continues to drive meaningful change at the convergence of two of the most foundational technologies today - AI and blockchain.